BARK (NYSE:BARK) Shares Cross Above Fifty Day Moving Average on Disappointing Earnings

BARK, Inc. (NYSE:BARK) crossed above its fifty day moving average during trading on Friday after the company announced better than expected quarterly earnings. The stock has a fifty day moving average of $8.62 and traded as high as $9.44. BARK shares last traded at $9.3310, with a volume of 61,433 shares trading hands.

The company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.01). The business had revenue of $87.56 million during the quarter, compared to analyst estimates of $87.50 million. BARK had a negative net margin of 8.42% and a negative return on equity of 35.66%.

Trending Headlines about BARK

Here are the key news stories impacting BARK this week:

• Positive Sentiment: BARK forecast fiscal Q3 revenue of $88 million to $92 million, above the $87.5 million consensus estimate. The company also said Q2 revenue of $87.56 million exceeded the high end of its guidance range. BARK Q3 outlook and brand licensing plans
• Positive Sentiment: The company plans to begin licensing the BARK Air brand on January 1, 2027, which could create a new source of revenue. BARK Q3 outlook and brand licensing plans
• Neutral Sentiment: Fiscal 2027 revenue guidance is $325 million to $340 million, a range that includes analysts’ $335.4 million estimate. However, its $332.5 million midpoint is below consensus. BARK Q2 2027 earnings call transcript
• Negative Sentiment: BARK reported a loss of $0.43 per share, narrowly missing analysts’ $0.42 loss estimate. The company also continues to report negative net margins and return on equity. BARK quarterly earnings results

Analyst Ratings Changes

A number of research firms recently weighed in on BARK. Weiss Ratings lowered shares of BARK from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, October 26th. Wall Street Zen upgraded shares of BARK from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $15.33.

Institutional Trading of BARK

A hedge fund recently raised its position in BARK stock. Renaissance Technologies LLC raised its position in BARK, Inc. (NYSE:BARK) by 98.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 191,700 shares of the company’s stock after buying an additional 95,200 shares during the period. Renaissance Technologies LLC owned 2.22% of BARK worth $97,000 as of its most recent SEC filing. 28.76% of the stock is owned by institutional investors.

BARK Price Performance

The stock’s 50 day simple moving average is $8.62 and its two-hundred day simple moving average is $10.80. The company has a market capitalization of $84.26 million, a P/E ratio of -3.32 and a beta of 1.99.

About BARK

BARK, Inc is a New York-based company focused on developing products, services and experiences for dogs and their owners. The company operates a digitally led, omnichannel business that combines subscription offerings, e-commerce and retail distribution.

Its brands and products include BARKBox, a subscription service offering themed boxes of toys and treats; Super Chewer, which provides more durable toys and treats; and BARK Bright, an oral-care line for dogs. BARK also sells toys, treats, food, beds, apparel and other dog-related products through its website, retail partners and other channels.

Founded in 2011, BARK serves customers primarily in the United States and has expanded its products through both direct-to-consumer and retail channels.